Answer:
Cost of inventory= $39,330
Explanation:
Giving the following information:
Walberg Associates, antique dealers, purchased goods for $37,800. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $1,350. Walberg Associates insured the shipment at a cost of $180. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $520.
Cost of inventory= purchase price + shipping + insurance
Cost of inventory= 37800 + 1350 + 180= $39,330
Answer:
The correct option is A,project planning.
Explanation:
In the project planning stage which centers on IT projects,the scope of the project refers to the different parts or milestones making up the project.The scope of the project is a function of the magnitude of the problem it meant to solve.
Cost/benefits analysis is also a key feature of such planning,as it is only worthwhile investing in project whose benefits outweigh its costs.
Lastly, envisaging likely constraints is also important in order that adequate mitigating plans can be put in place.
The appropriate response is competitor's resources. It can be strategic activities, for example, motivating force evaluating or improved administration offerings since they are less expensive to assault than huge scale key activities.
The amount of deferred tax liability that Warren Company reports at the end of Year 1 is $20,000.
<h3>What is deferred tax liability?</h3>
Deferred tax liabilities arise from <u>taxes to be paid in the future</u> when future taxable amounts become <u>taxable</u> or when the temporary differences <u>reverse</u>.
<h3>Data and Calculations:</h3>
Installment sales included in income statement = $50,000
Collection of installment sales:
Year 2 = $25,000
Year 3 = $25,000
Tax rate = 40%
Deferred tax liability based on installment sales = $20,000 ($50,000 x 40%)
Thus, the amount of deferred tax liability that Warren Company reports at the end of Year 1 is $20,000.
Learn more about deferred tax liability at brainly.com/question/16102904